9 thoughts on “Nassim Taleb gets it”

Yes, I’ve reading his book, Black Swan, I’m halfway through, but I have to agree that these black swans might happen, and the only thing you can do is to prepare the best you can. You can not predict or prevent them, but maybe you can minimize their impact if you’re expecting them.

Yeah, we need someone who wants to abolish FED an to re-introduce gold standard…
In the current market, Taleb is so loaded with cheap out of the money puts that he has to support Ron Paul. A Ron Paul presidency would be the best thing that could happen for Taleb in order to see his puts deep in the money.
I find Taleb’s books very worth reading but his media appearances are surely not at the same level.
As Bill Gross said, I am a little Ron Paulish, but this is more than enough.

Of course he will not abolish the FED, this is an issue depending not only on his own personal ambition. However the run to achieve his goals would bring a lot of uncertainities over investors, financial system and economic environment.
I agree that Taleb is identifying the problems correctly but also I think he fails to identify the solutions.

Basically, Taleb is long on hyperinflation, thus his preference for stocks. Taleb doesnt trust treasuries so if you are expecting higher yields soon this means roughly the same thing.